Marathon Digital (NASDAQ:MARA) Stock Price Down 2.7% - Here's What Happened
Marathon Digital (NASDAQ:MARA) shares fell 2.7% to $7.80 on Monday following a significant earnings miss, with the company reporting a -$4.52 EPS against an estimated -$0.23 and revenue of $202.3M versus $250.7M expected. This decline also comes after multiple analyst price target cuts, including Piper Sandler to $16 and Cantor Fitzgerald to $11, and notable insider selling by the CEO and CFO totaling approximately $1.03M in the last 90 days. Despite institutional investors like UBS Group AG and Vanguard Group Inc. boosting their stakes, the mixed signals reflect ongoing challenges for the cryptocurrency mining company.
https://www.marketbeat.com/instant-alerts/marathon-digital-nasdaqmara-stock-price-down-27-heres-what-happened-2026-03-30/